Iran, Turkey announcing its support for Qatar
2017-06-07 16:34:22 UTC
TEHRAN/ANKARA/DOHA — Turkey's main exporting industry body said it was ready to meet food and water supply demands from Qatar, after a Qatari official said Doha was in talks with Iran and Turkey to ensure trade disruptions did not create shortages.
A top Iranian agricultural official was quote...
Trump Isolated at G7 Summit, "Six against One"
2017-05-27 17:30:33 UTC
TAORMINA, ITALY — Trump's isolationism is his first great export, and Italy could be first in line.
The summit of Group of Seven wealthy nations pitted Trump against the leaders of Germany, France, Britain, Italy, Canada and Japan on several issues, with European diplomats frustrated at having ...
"America First" might turn out to be rather lonely
2017-06-02 19:05:10 UTC
At the NATO summit in Brussels, US President Donald Trump acted like a diplomatic bully. He arrived late, then shoved the Montenegrin prime minister aside to ensure his place in the front row. He turned what was planned as a short ceremonial address into a lengthy tirade against allies.
The U.S. Doesn't Have the Money to Build Trump's Wall
2017-05-01 06:03:18 UTC
U.S. Congress would not provide any money for Trump's promised border wall with Mexico,
Several important White House initiatives were rejected by the Republican and Democratic negotiators, including money for a wall on the U.S.-Mexico border that Trump has argued is needed to stop illegal imm...
Germany: Greece Has Made Strong Reforms Progress
2017-04-30 06:41:34 UTC
German Finance Minister Wolfgang Schaeuble was quoted in a newspaper interview on Sunday saying that Greece has made strong progress toward introducing reforms that could lead to the imminent release of further financial support.
"If the Greek government upholds all the agreements, European fi...
Public records shows how Trump is using pension funds to enrich himself
2017-04-26 18:37:14 UTC
By Julia Harte | WASHINGTON — Public pension funds in at least seven U.S. states have invested millions of dollars in an investment fund that owns a New York hotel and pays one of President Donald Trump's companies to run it, according to a Reuters review of public records. That arrangement could...
U.S. Government Threatens Funding Cut To California
2017-04-22 06:24:27 UTC
WASHINGTON — The U.S. Department of Justice threatened on Friday to cut some funding to California as well as eight cities and counties across the United States, escalating a Trump administration crackdown on so-called sanctuary cities that do not cooperate with federal immigration authorities....
GOP Struggling To Pass A Spending Package To Keep The Government Open
2017-04-21 15:07:39 UTC
WASHINGTOn — Trump and his fellow Republicans who control Congress face their first major budget test next week, with the threat of a U.S. government shutdown potentially hinging on his proposed Mexican border wall as well as Obamacare funding.
With Republicans controlling the White House and ...
World Bank Express Concerns Over Trump's Economic Policy
2017-04-20 10:33:25 UTC
WASHINGTON — Global finance leaders are gathering on Trump's home turf to try to nudge his still-evolving policies away from protectionism and show broad support for open trade and global integration.
The International Monetary Fund and World Bank spring meetings bring the two multilateral ins...
Greece Needs To Implement Reforms To Secure A New Loan
2017-04-18 07:45:33 UTC
The International Monetary Fund will not take part in a bailout program for Greece if it deems the country's debt is unsustainable, the international lender's chief Christine Lagarde said in an interview published on Tuesday.
Greece needs to implement reforms agreed by euro zone finance minist...
Protesters To Trump: We Want To See Your Tax Returns
2017-04-16 05:20:35 UTC
WASHINGTON/ NEW YORK — Tens of thousands of people marched through midtown Manhattan and dozens of U.S. cities on Saturday to demand that President Donald Trump release his tax returns and to dispute his claim that the public does not care about the issue.
Organizers of "Tax March" in more tha...
Trump is well on his way to launch additional import duties
2017-04-10 06:20:52 UTC
By David Lawder |
WASHINGTON — U.S. President Donald Trump is considering an executive order to launch a trade investigation that could lead to supplemental duties in certain product categories, a Trump administration official told Reuters.
Trump has made reducing U.S. trade deficits a key...
No Income Taxes In Saudi Arabia, Says Saudi FinMin
2017-04-09 18:04:37 UTC
Saudi Arabia's finance minister said on Sunday that citizens would not pay taxes on income and Saudi companies would not see their profits taxed under sweeping economic reforms being introduced in the oil-rich kingdom.
The collapse in oil prices after mid-2014 has pushed Saudi Arabia to contem...
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims
2017-04-05 07:31:58 UTC
China Eyes Plant in Mexico as a New Capital of the Automotive Industries - Fact Check: Trump's Misleading Claims.
MEXICO CITY/BEIJING — Trump has criticized carmakers including General Motors for shifting production south of the border. Under threats of punitive import duties, Ford Motor Co ...
Trump Playing Golf With Rand Paul To Discuss Health Care
2017-04-03 01:18:58 UTC
STERLING, VA. — On Sunday U.S. President Donald Trump was playing golf with Kentucky Sen. Rand Paul as well as WH budget director Mick Mulvaney at Trump National Golf Club in Potomac Falls, Virginia. The trio was "discussing a variety of topics, including healthcare," said White House Deputy Pre...
The “America First” Trade War Agenda Of Donald Trump
2017-04-01 08:11:26 UTC
US President Donald Trump signed two executive orders on trade policies yesterday that represent a significant escalation in the “America First” trade war agenda of his administration.
The first order commissions a report, to be released in 90 days, on a country by country, product by product, i...
UK Must Accept EU Rules After Any Partial Withdrawal
2017-03-31 19:13:55 UTC
By Robin Emmott and Alastair Macdonald |
VALLETTA/BRUSSELS — The European Union offered Britain talks this year on a future free trade pact but made clear in negotiating guidelines issued on Friday that London must first agree to EU demands on the terms of Brexit.
Those include paying tens...
Trump, GOP Tax Reform Plan; Cuts, Cuts and more Cuts
2017-03-31 04:07:47 UTC
By Roberta Rampton, Richard Cowan and Amanda Becker |
<h3>WASHINGTON — Raw feelings and mistrust could pose an obstacle to President Donald Trump and hard-line conservative lawmakers in his Republican Party as they seek to rebound from defeat on healthcare legislation by launching into an ove...
Doubts Over London's Future As A Global Financial Center
2017-03-31 04:07:07 UTC
By Anjuli Davies |
<h3>LONDON — Goldman Sachs (GS.N) sought to reassure London-based staff over potential disruption to its business as Britain prepares to leave the European Union, in a voicemail to staff sent by the Wall Street firm's Europe CEO.</h3>
British Prime Minister Theresa May w...
US hospital stocks dropped as GOP vows to try again on Obamacare repeal
2017-03-31 04:06:10 UTC
<h3>U.S. hospital stocks dropped on Tuesday as Republicans in the U.S. House of Representatives said they were considering a renewed push to repeal and replace Obamacare, after the effort failed last week.</h3>
Shares of Community Health Systems Inc (CYH.N) dropped 7.6 percent and Tenet Health...
The Stunning Failure Of Trump, A Man Who Brands Himself A Deal-Maker And Fixer
2017-03-31 04:12:13 UTC
By James Oliphant | REUTERS
<h3>In the end, the Closer couldn’t close the deal.</h3>
For President Donald Trump, the collapse on Friday of his first legislative priority, a healthcare reform bill, was an embarrassing loss of face after he and his administration insisted up ...
'This is a disappointing day for us': House Speaker Ryan
2017-03-24 20:24:58 UTC
Republican leadership aide says healthcare bill has been pulled
By Dustin Volz and David Lawder |
WASHINGTON — Republican leaders of the House of Representatives pulled legislation to overhaul the U.S. healthcare system from consideration on Friday due to a shortage of votes despite desper...
EU is trying to limit the negative effects of Brexit for Britain
2017-03-24 06:58:02 UTC
German Finance Minister Wolfgang Schaeuble said on Friday that the European Union was trying to limit the negative effects of Brexit for Britain but stressed that countries wanting to get the benefits related to the bloc had to make commitments, too.
"We need to find a fair path - if Britain s...
House cancels today's vote on Republican healthcare plan
2017-03-23 20:01:29 UTC
By David Morgan and Richard Cowan |
WASHINGTON — House cancels today's vote on Republican healthcare plan as President Donald Trump and leaders in Congress labored to find enough support among fellow Republicans for their version of a new federal healthcare policy, according to a senior Ho...
Germany is strongly in favor of free trade and open markets
2017-03-19 21:24:59 UTC
Chancellor Angela Merkel reiterated on Sunday that Germany was strongly in favor of free trade and open markets, at a time when the United States is becoming increasingly protectionist.
"We do want open markets, fair trade, we certainly don't want any barriers but at a time of an 'Internet of ...